What I read this week...

TikTok, debt ceiling, future of pro sports

What I read this week…

• TikTok Tries to Win Allies in the U.S. With More Transparency (WSJ)

• Fake Debt Ceiling Crisis Sends Investors Searching For Safety (The Pomp Letter)

• How much does aging really hurt a country? (Noahpinion)

• Why The AI Ethics War Will Make The Content Moderation Fight Seem Tame (Big Technology)

• The NBA's Bright And Lucrative Future (Huddle Up)

• Nobody is a Prisoner of Their IQ (Rob Henderson)

• Inside the battle for the future of Amazon (Vox)

• women's shoulders more regulated than guns (Liz Plank)

On Twitter…

Joe Pompliano @JoePompliano

Here's an interesting question for you: If you could buy a professional sports team in any league in the world, with the sole goal of maximizing your investment over the next decade... What league would you pick and why?

Rex Woodbury @rex_woodbury

Highest-grossing IP in history—curious what's not on this list that will be in 10 years 1. Pokemon $110B 2. Hello Kitty $89B 3. Mickey Mouse $83B 4. Winnie the Pooh $81B 5. Star Wars $70B 6. Mario $48B 7. Disney Princess $46B 8. Anpanman $45B 9. Marvel $38B 10. Harry Potter $33B

Joshua March @joshuamarch

It’s really insane how fast obesity rates have grown in the US. Tripled in a single generation. The mainstream approach to diet and exercise is incredibly broken. usafacts.org/articles/obesi…

Chris Brown @almostcmb

Of course that’s your contention, you’re a new VC coming off a two year product stint at a Series C business. You just got done readin’ the blogs, probably Fred and Elad, maybe High Growth Handbook. You’re gonna be convinced of that until next month when..

Trung Phan @TrungTPhan

Slot machines are absurd: — 70% of total Nevada gaming revenue — In 2022, its $9B revenue was more than North American box office ($7.5B) — The slot machine at Las Vegas airport recently passed $1B in lifetime revenue

Manolo Fernandez @ManFerGal

For all cohort lovers... interesting paper on COVID impact on "consumer behavior" in US. Note (1) sub vs. non-sub and (2) durable vs. non-durable category trends. Bottom line, data says that long-run effects are mostly null / negligible.😑 🙏@d_mccar - is there data for LatAm?